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    US-ASEAN summit: 'Commercial diplomacy at work'

    While the summit was organized to convene government leaders, it highlighted the role that private sector leaders can play to encourage entrepreneurship and innovation in Southeast Asia.

    By Catherine Cheney // 17 February 2016
    Earlier this week leaders of the 10 members of the Association of Southeast Asian Nations gathered at a summit with the United States government in Palm Springs, California, to discuss a variety of political and economic issues. U.S. President Barack Obama and the other government officials were also joined by a trio of CEOs to talk about economic growth. “Our business leaders really provided an enormous color and specificity to the ASEAN leaders about how they could achieve their objectives to expand their entrepreneurial culture,” Penny Pritzker, U.S. Secretary of Commerce, said. “And that is really commercial diplomacy at work.” The digital economy provides an opportunity for major American companies to work with small and medium enterprises in ASEAN nations and other developing economies, said IBM CEO Ginni Rometty. And technology can be leveraged to create new SMEs and help governments deliver citizen services like healthcare and education, said Cisco CEO Chuck Robbins. But in order to foster “a more diversified economy,” world class technology must be accessible to SMEs so they can create digital services and products, Microsoft CEO Satya Nadella told Devex. While the summit was organized to convene government leaders, it also provided a platform to discuss plans to encourage entrepreneurship and innovation for sustainable and inclusive development in the region. To learn more, and hear about a new initiative President Obama announced, watch the video above. Read more international development news online, and subscribe to The Development Newswire to receive the latest from the world’s leading donors and decision-makers — emailed to you FREE every business day.

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    Earlier this week leaders of the 10 members of the Association of Southeast Asian Nations gathered at a summit with the United States government in Palm Springs, California, to discuss a variety of political and economic issues.

    U.S. President Barack Obama and the other government officials were also joined by a trio of CEOs to talk about economic growth.

    “Our business leaders really provided an enormous color and specificity to the ASEAN leaders about how they could achieve their objectives to expand their entrepreneurial culture,” Penny Pritzker, U.S. Secretary of Commerce, said. “And that is really commercial diplomacy at work.”

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    About the author

    • Catherine Cheney

      Catherine Cheneycatherinecheney

      Catherine Cheney is the Senior Editor for Special Coverage at Devex. She leads the editorial vision of Devex’s news events and editorial coverage of key moments on the global development calendar. Catherine joined Devex as a reporter, focusing on technology and innovation in making progress on the Sustainable Development Goals. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, and worked as a web producer for POLITICO, a reporter for World Politics Review, and special projects editor at NationSwell. She has reported domestically and internationally for outlets including The Atlantic and the Washington Post. Catherine also works for the Solutions Journalism Network, a non profit organization that supports journalists and news organizations to report on responses to problems.

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